Blog :: 01-2009

When the going gets tough, the tough buy assets

When the going gets tough, the tough buy assets and Real Estate is one of your best assets. People might go bankrupt, companies can go out of business, but real estate is always a solid investment. Its not a short term investment, but over the long term, real estate will generally pay you a solid return on investment. The price of a home [...]

From Lewes to Milton

Who bought homes in Milton, Delaware in 2008? There are new residentswho moved from New Jersey, Maryland, Pennsylvania and other states. They are attracted to the small town atmosphere, the location and the choice of both new homes and historic homes. Some of the nicest homes right in town howeverwere bought by locals who moved here from [...]

From Lewes to Bridgeville

At a recent Lewes Chamber meeting, I had a chance to talk with Alex Pires, the owner of Highway One. For those of you who are not yet familiar with Coastal Delaware, Alex is Chairman of the Board and one of the founders of Community Bank. He is also the owner of Jimmy's Grille in Bridgeville and owns the large parcel of land across the [...]

What a weekend for home sales in Delaware

Home at Independence

The Buyers and their agents were everywhere the weekend of January 19, 2009. Was that the beginning of the recovery?

Despite the rather cold and cloudy weather, there was a full house everywhere we went. At one point that weekend, I was at Nassau Grove, Independence and Bay Crossing. The good news is that all three were busy and there was an [...]

Low Taxes not enough to move to Delaware